World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary: Wheat and Cattle Stabilize

Overall trading volume today was modest, even low for corn, but robust for soymeal. One market influence is wetter conditions in Brazil, but the more notable developments are in beef and wheat. Livestock products rebounded today as fears earlier in the week about bird flu dampening demand appears to have faded. Then there is the saga in Russia, where under the pretense of stemming importer concerns about quality the government is stepping in. Conducting export inspections would maintain quality but what has really changed is that Russia is now offering higher wheat prices. This implies possibly more concern about underselling than quality issues. The goal is to starve Ukraine’s farmers, not Russia’s own producers.  It is u...

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feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, down $0.065 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, up $0 from yesterday's close.  Dec 25 Soymeal closed at $280.5/short ton, up $4.5 from y...

feed-grains soy-oilseeds wheat

Market Commentary: Continued Edging Lower on Big Supplies

It was a mixed and quiet close to the market after a week of mostly price declines. There were new contract lows scored by front month SRW and HRS. Soybean traders didn’t know where to take their positions and so they left the September and November contracts both unchanged. Outside marke...

Tariffs, Mexico Extension, Federal Reserve, and Jobs Report

President Trump signed an executive order yesterday unveiling a massive overhaul of U.S. tariff policy, introducing a series of new tariff rates for U.S. trading partners. The executive order was signed hours before today’s deadline, but the order also included a provision to start the ne...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 25 Corn closed at $4.1075/bushel, down $0.03 from yesterday's close.  Sep 25 Wheat closed at $5.1675/bushel, down $0.065 from yesterday's close.  Nov 25 Soybeans closed at $9.8925/bushel, up $0 from yesterday's close.  Dec 25 Soymeal closed at $280.5/short ton, up $4.5 from y...

feed-grains soy-oilseeds wheat

How Will Soybeans’ Uncertain Outlook Affect Other Commodities?

November soybean futures’ recent move below the psychologically important $10.00 threshold has triggered concerns about weakness there affecting other markets. The question of how soybeans could impact other markets is germane because the oilseed is facing larger and more rapid adjustment...

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From WPI Consulting

Forecasting developments in production agriculture

On behalf of a private U.S. agricultural technology provider, WPI’s team generated an econometric model to forecast the movement of concentrated corn production north and west from the traditional U.S. Corn Belt. WPI’s model has subsequently provided quantitative support to a multi-million-dollar investment into short-season corn variety development. WPI’s methodology included a series of interviews with regional grain elevators and seed consultants. Emphasizing outreach and communication with stakeholders who possess intimate sectoral knowledge – on-the-ground insights – is a regular component of WPI’s methodologies, made possible by WPI’s ever-growing network of industry contacts.

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